Industrial construction is making a comeback in Houston, thanks to the rise of e-commerce, according to a new report.

Nancy Sarnoff, the Chronicle's real estate writer and host of Looped In, asked her social media followers to cast their votes for some of 2017's most outstanding real estate deals.

Houston-area home prices, which rose 3.5 percent in November compared with a year earlier, are considered overvalued, a new national report shows.

Industrial land prices have risen by double digits as developers scramble to build new warehouses and distribution centers in the e-commerce era.

Demand for construction services will expand this year nationwide as contractors continue to face labor shortages, according to a survey conducted by the Associated General Contractors of America. More than a thousand firms across the U.S. filled out the association's questionnaire between November and December 2017. Respondents reported the most optimism for growth in the private office, manufacturing, retail and some aspects of the transportation sector, including airport systems. In Texas, K-12 school construction held the highest level of growth potential. Yet half of all respondents reported difficulty in filling both salaried and craft positions.

Great W'Kana Café, A Ma Maniere Atelier, Isabelle Rose have signed up for space in Kirby Collection, a new mixed-use development of Thor Equities in Upper Kirby.

Houston companies picked up unwanted office space at a strong clip last year, any many were given loads of free rent and other financial perks for doing so.

National Property Holdings plans to build a 380,210-square-foot industrial project east of Houston.

Mary Thorn has opened Thistle Draftshop, a craft beer bar and retail shop for take-home beer at 5210 FM 2920 near Gosling in Spring. Thorn, a former Saint Arnold Brewing Co. employee, will offer 60 beers on tap along with a restaurant. Chef Ernesto Villarreal, who previously worked downtown at The Grove, will prepare burgers and other fare. Plans call for adding patio space in the front in the spring, Thorn said. Regular daily hours are 11 a.m. to midnight. Alicia Heusdain of Century 21 Hardee-Team Realty represented Thistle Draftshop in the 5,000-square-foot lease. Terramont Realty represented the landlord. Woodway Square Center on Woodway at Winrock has gained new tenants: Baskin Robbins (Mymuujiza Corp.

LaSalle Investment Management has acquired the Costco-anchored Greenway Commons retail center at 3830 Richmond near Greenway Plaza through its LaSalle Property Fund. The center, built in 2008, is fully leased to a mix of restaurant, medical and retailers including LA Fitness, Memorial Hermann, Iberiabank, Buffalo Wild Wings and Panda Express. It was last purchased by a joint venture of DDR Corp. and Blackstone Group in 2014. West Mermis has leased 6,974 square feet at 1301 McKinney. Kevin Poynter and Peyton Poynter of Poynter Commercial Properties Corp. represented the tenant. Debra Wilson with CBRE represented the landlord.

This was an odd year for real estate, particularly at the very top of the market. Certain regions saw record-breaking listings but sparse sales. Others saw brisk business for the merely wealthy and stagnant sales at levels only the super-rich can afford. There was a backlash against mega-mansions but not mega-prices. It was a year in which billions changed hands, but very few records were set. The following are some of this year's most interesting sales. 1 The Girasol estate in St.

A collection of 20 significant deals and trends in Houston commercial real estate headlines this year: Brookfield closes on mega downtown deal; Howard Hughes Corp. breaks ground on The Woodland Hills; Target unveils next-gen retail store in Richmond; and more.

Collectively, homes in the Houston metro totaled $393.4 billion in value in 2017, up 5.4 percent over the past year, according to an analysis by Zillow. That outpaced last year's gain, when the total value of homes in the Houston market went up 1.2 percent.

The figures compares with a 6.5 percent gain for the U.S. housing stock, which added $2 trillion in value 2017 for a total of $31.8 trillion, according to Zillow. Three cities contributed more than $1 trillion each to the tally: Los Angeles ($2.7 trillion), New York ($2.6 trillion), and San Francisco ($1.4 trillion).

YC Properties is opening a Louetta Penthouse, a four-story office and retail building at 8917 Louetta Spring in the Vintage Park area.

Fifty or so inches of rain in just a few days is enough to turn any lawn into a soggy mess. And if poor drainage has left puddles where there ought to be tufts of grass, you might just have a new outdoor project on your hands. Never mind that grass isn't meant to live under water for days on end. It's also not meant to be a filter for all kinds of toxins - hydrocarbon contamination or even sewage - that floated in with floodwaters. Zach Buchanan, operations manager at Buchanan's Native Plants, said Hurricane Harvey's heavy rains and floodwaters will stress virtually every lawn and landscape. How they react to that stress will vary. So keep an eye on your yard, document when changes happen and how quickly they spread.

Events, a staple of River Oaks Shopping Center selling luxury gifts, home items and stationery for 30 years, will get a new home in 2018. The locally-owned retailer will move to a new River Oaks area store at 2439 Westheimer, east of Kirby Drive. The move comes as Weingarten Realty prepares to break ground on a 30-story residential tower on a portion of the shopping center that housed Local Pour and Café Ginger. The nearby tower will be east of Events on West Gray at Driscoll Street.

LaSalle Investment Management has acquired the Costco-anchored Greenway Commons retail center at 3830 Richmond Avenue near Greenway Plaza through its LaSalle Property Fund.

WASHINGTON - Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November. The National Association of Realtors said this past week that sales of existing homes rose last month to a seasonally adjusted annual rate of 5.81 million units. Home sales were last this strong in December 2006, when properties sold at annual pace of 6.42 million. The strong demand for buying homes is a sign of an increasingly vibrant economy after a steady eight-year expansion. The unemployment rate has fallen to a 17-year low, while more people in the younger millennial generation appear to be forming their own households and looking for places to buy.

The Federal Historic Tax credit developers often use to rehab old buildings had been on the chopping block in an earlier version of the tax reform bill, but it was put back in the package headed to the President's desk for signature.